AustLII Tasmanian Consolidated Acts

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LEGAL PROFESSION ACT 2007 - SECT 394

Law practice to reimburse Guarantee Fund

(1)  If the Trust compensates a claimant from the Guarantee Fund, the Trust may make an application to the Supreme Court for an order that the amount of the compensation or a lesser amount be paid to the Trust by a law practice.
(2)  In determining whether to make an order on an application under subsection (1) , the Supreme Court may take into account –
(a) the management of the trust accounts of the law practice; and
(b) any matter relating to a default and any investigation into the default; and
(c) the membership of the law practice at any relevant time; and
(d) any other relevant matter.
Division 9 - Claims by law practices or associates



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